Assumed Debt definition

Assumed Debt has the meaning set forth in Section 2.2.

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Assumed Debt means the Indebtedness set forth on Schedule 1.01(a) hereto.

Assumed Debt means any indebtedness of the Company the payment obligations in respect of which shall have been assumed by WNR Company pursuant to one or more Assumption Agreements.

Examples of Assumed Debt in a sentence

• Purchaser shall use reasonable best efforts to enter into definitive financing agreements with respect to the Purchaser Assumed Debt so that such agreements are in effect as promptly as practicable but in any event no later than the Closing.

• Except as provided in Section 8.6(b) or with respect to obligations of Lyondell existing as of January 1, 2002 with respect to Lyondell Assumed Debt, no Partner may guarantee or provide other credit or financial support for all or any portion of any debt, including any refinancing of the Bank Credit Agreement or any uncommitted lines of credit of the Partnership.

• If the Loan Assumption Approval is not obtained by the date which is ten (10) business days prior to the Closing Date (the “Loan Assumption Approval Period”) (or if SCOLP otherwise elects to prepay any Existing Debt at Closing), then such Existing Debt shall not be Assumed Debt but, instead, such Existing Debt shall be prepaid at Closing in accordance with the Omnibus Agreement, with a corresponding increase in the Cash portion of the Purchase Price.

• Any sums released by the Assumed Debt Lender for such requests shall be promptly paid to Seller upon receipt by Buyer.

• The ratio, expressed as a percentage, of Assumed Debt Service divided by that amount Outstanding under the Facility, including any Letter of Credit exposure.

More Definitions of Assumed Debt

Assumed Debt has the meaning assigned to such term in Section 9.02(j).

Assumed Debt means the obligations of Crane Holdings, Co. as set forth on Schedule 1.1(9) to be assumed by Crane Company.

Assumed Debt. The Debt of Company and its Subsidiaries which is assumed by Lakes and/or retained by the Non-Mississippi Group Subsidiaries in connection with the Distribution, as determined pursuant to Section 2.09.

Assumed Debt. As defined in Section 5.7.

Assumed Debt. The Debt of Hilton and its Subsidiaries which is to be assumed by Park Place and/or retained by the Gaming Group Subsidiaries in connection with the Distribution, as determined pursuant to Section 2.08.

Assumed Debt means all obligations (both current and long term) on account of money borrowed or capital lease obligations pursuant to the agreements set forth on Schedule 1.1(a) and new equipment leases entered into since the date of this Agreement in accordance with Section 7.1(c)(ii), up to a maximum of $1,000,000 in the aggregate.

Assumed Debt shall have the meaning specified in Section 3.02 hereof.